$SOLV

Long Trade:

Entry Idea:

Conservative: Wait for a confirmed bounce from the stronger support zone around $0.042 - $0.043. This aligns with the lower end of its recent trading range.

Aggressive: A confirmed breakout and sustained close above immediate resistance at $0.046 - $0.047 with strong volume could signal a continuation of the rally.

Targets:

Short-term: $0.047 - $0.048

Mid-term: $0.049 - $0.050

Potential stretched target: $0.055 - $0.060

Stop-Loss (example): Below $0.0425 or $0.0415 (depending on entry and risk tolerance).

Short Trade:

Entry Idea: If SOLV fails to break above $0.046 - $0.047 and is rejected with strong bearish confirmation, or if it breaks down convincingly below the key support at $0.044.

Targets:

Short-term: $0.043 - $0.044

Mid-term: $0.042 - $0.0425

Stop-Loss (example): Above $0.047 or $0.048.

Key Support & Resistance Levels:

Resistance: $0.046, $0.047, $0.048, $0.049, $0.050

Support: $0.044, $0.043, $0.042, $0.041